Early Learning Services Ltd - proposed acquisition of Payce Childcare Pty Ltd

Acquirer(s)

  • Early Learning Services

Target(s)

  • Payce Child Care

Market definition

The ACCC considered the proposed acquisition in the context of local markets for the provision of centre-based long day child care services within approximately 10km of each of the long day child care centres being acquired by ELS.

Competition analysis

The ACCC concluded that, due to a large number of alternative long day child care centres in each of the relevant local markets, the proposed acquisition was unlikely to substantially lessen competition in any relevant market.

Timeline

DateEvent
20/01/2010ACCC commenced review under the Merger Review Process Guidelines.
03/02/2010Closing date for submissions from interested parties.
18/02/2010ACCC announced it would not oppose the proposed acquisition.